China and Russia Monday set up a joint venture to build wide-body passenger jets in the latest attempt to break into the lucrative market longtime dominated by Boeing and Airbus.

The Shanghai-based China-Russia Commercial Aircraft International Co., Ltd (CRAIC) has completed its business registration and obtained a license to operate, its Chinese parent, state-owned Commercial Aircraft Corporation of China (COMAC), said.

COMAC Chairman Jin Zhuanglong said the joint venture marks key progress in a Sino-Russian program to develop wide-body aircraft and aims to produce "competitive" long-haul planes for the world's aviation market.

CRAIC will be responsible for research, manufacturing, marketing, sales and services of its aircraft. According to an agreement by COMAC and its Russian partner United Aircraft Corp (UAC), 280-seat jets with a range of 12,000 kilometers will be prioritized.

The aircraft design process will soon begin, according to the plan. The general assembly line will be based in Shanghai.

你们这些蠢逼只知道自己瞎意淫。世界上的一切变化是早就安排了的。早就在开始做了的。不是像你们这些傻逼一样等看到什么东西发生后来意淫未来。今天的事是几十年前就计划，实施了的。没有奇迹没有accident！！！搞不懂这个不可能搞懂这个世界上发生的事的。